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Krauthammer: "Middle-Aged May Never Get Employed Again"
realclearpolitics ^

Posted on 07/05/2011 10:26:48 AM PDT by traumer

Edited on 07/05/2011 10:28:25 AM PDT by Admin Moderator. [history]

"The problem is at the consumer level, confidence is low and that is because, as you showed, showed we had underemployment with one out of every six Americans. The worst element of that is that among the unemployed, against the American history, more than approaching half, have [been] unemployed for over six months.


(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy; Chit/Chat; Society
KEYWORDS: administrators; default; economy; police; teachers
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1 posted on 07/05/2011 10:26:54 AM PDT by traumer
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To: traumer

Rush is talking about this very thing right now.


2 posted on 07/05/2011 10:30:35 AM PDT by supremedoctrine ("uncurtaining the night,I'd let dark glass/hang all the furniture above the grass." -Nabokov)
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To: traumer
It will be harder than ever to uproot socialism if you have a large contingent of middle-aged people who are considered unemployable.

We can let them starve, or ... we can send them checks and make the workers pay higher taxes.

Pain is coming. It could take several forms, but there is no gentle trajectory that takes us out of this problem.

3 posted on 07/05/2011 10:34:32 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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To: ClearCase_guy

but someone will have to pay for that all!


4 posted on 07/05/2011 10:35:53 AM PDT by MNDude (so that's what they meant by Carter's second term)
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To: traumer

As we dumb down the country and produce less and less we do not need more expensive experienced workers, we just need warm bodies; young & dumb.


5 posted on 07/05/2011 10:36:43 AM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: traumer

All I can say is that when you sow the wind, you reap the whirlwind. It was those middle-aged people who are most responsible for running up the various state and national debts.


6 posted on 07/05/2011 10:37:05 AM PDT by Jonty30
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To: traumer
I wonder how those pro-Obama 20 somethings are going to feel when they get out in the workforce and their taxes go up so that middle age folks can sit at home and collect welfare and unemployment.
7 posted on 07/05/2011 10:37:54 AM PDT by apillar
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To: apillar

“I wonder how those pro-Obama 20 somethings are going to feel when they get out in the workforce and their taxes go up so that middle age folks can sit at home and collect welfare and unemployment.”

One word.

Euthanasia.


8 posted on 07/05/2011 10:39:13 AM PDT by PetroniusMaximus
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To: ClearCase_guy
It will be harder than ever to uproot socialism if you have a large contingent of middle-aged people who are considered unemployable.

Although it hardly addresses the bigger problem of an out of control government that has grown into such a behemoth that it consumes and enslaves taxpayers in its wake --- a large degree of this problem would be alleviated by not providing jobs and taxpayer funded benefits to illegal invaders/squatters. There would be more jobs available to American citizens (youths and middle-aged 'between jobs'), and less of a tax-burden for the employed non-Government workers...
>30M illegals in this Country has a cost burden associated with it.

9 posted on 07/05/2011 10:40:09 AM PDT by El Cid (Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house...)
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To: MNDude

The only thing that will ease the pain is do everything we can do get people back to work. This debt/no debt, taxes/no taxes, cutting/no cutting are only partial solutions. Regulations need to be gutted and employers need to be able to fire worthless employees, union or not, with no worry about some trumped up discrimination case. Employers also need to be able to adjust inflated wages. Take a pay cut to what the market will bear, or go find another job. Worthless, non productive members of society can pick lettuce or get someone other than a taxpayer to pay their way through life. Not gonna happen, so we will all crash and burn.


10 posted on 07/05/2011 10:42:18 AM PDT by LuvFreeRepublic (Support our military or leave. I will help you pack BO!)
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To: MNDude

I believe that is called reality.


11 posted on 07/05/2011 10:43:43 AM PDT by stuartcr ("Everything happens as God wants it to...otherwise, things would be different.")
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To: PetroniusMaximus

Or wars...


12 posted on 07/05/2011 10:44:37 AM PDT by stuartcr ("Everything happens as God wants it to...otherwise, things would be different.")
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To: ClearCase_guy

Bar stool. Cell Phone. Racing Form. Employment in your old age.


13 posted on 07/05/2011 10:48:51 AM PDT by massgopguy (I owe everything to George Bailey)
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To: traumer
If there are an unemployed freepers out there who seek encouragement and advice, please send me a private email. I am NOT hawking anything! I am in my forties with a very good resume (”good” until unemployment, that is.) I lost my VP-at-a-large-company job in June 2009 and then couldn't look for work for a year on account of a family matter, so I was effectively in limbo from June 2009 to May 2010. From June 2010 to December 2010, I killed myself trying to find a job and then relievedly took a long-term temp spot in January 2010. Two weeks ago, the company where I've been temping made me a “regular” employee. My salary is 25% below what it was two years ago, but I have benefits and the future looks bright. I believe I can offer sound advice to middle-aged unemployed people who are despairing. Again, please shoot me a private email.
14 posted on 07/05/2011 10:49:15 AM PDT by utahagen
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To: massgopguy

Naaahhhh !

I’m doing deals out of my home office.


15 posted on 07/05/2011 10:53:10 AM PDT by Eric in the Ozarks (Eh ?)
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To: Jonty30
All I can say is that when you sow the wind, you reap the whirlwind. It was those middle-aged people who are most responsible for running up the various state and national debts.

Tell that to my BIL, a 49 year old engineer, laid off from a Fortune 500 company three years ago. 21 years there. The best he has been able to get in that time is temp work in warehouses for a few months at a time. He is fit, able and eager to work at any job. No dice for people over 45. He is a rock solid conservative.

He didn't sow any wind, Jerk.

16 posted on 07/05/2011 10:56:50 AM PDT by buccaneer81 (ECOMCON)
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To: traumer

get rid of the EPA, get rid of 90% of regulations, and you would double manufacturing in 2-3 years.

non-right to work states would and will be screwed, as no one will build manufacturing plants in those areas because of the union regulations, unless they are offered millions or billions in incentives (which comes from the taxpayers).

but I don’t see this happening, manufacturing is gone, and I don’t think it is coming back.

the only jobs that can be created at this point are government, which as we’ve seen, costs 300k to a million bucks to create one part time position that pays 20k a year, and those jobs only last a year or two, because they get cut in budgets that need to pay for the pensions of the union members.

we’ll be moving more and more to a barter system for goods and services.


17 posted on 07/05/2011 10:56:51 AM PDT by esoxmagnum
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To: utahagen

I am in my fifties and was laid off at the end of 2009. I am the left’s worst nightmare. A staunch conservative that has voluntarily dropped out of the workforce, cutting our family taxable income in half. Spending my new found spare time bashing the left and working to insure they are defeated in every election until I die. My small way of going Galt.


18 posted on 07/05/2011 10:56:53 AM PDT by Boiling point (Cain / Palin 2012)
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To: LuvFreeRepublic
Your solution is the correct one.

1. Reduce the risk of, and increase the potential gain from, creating a job. All federal, state, and local regulations and laws that disincentivise job creation should be reviewed, including those that ostensibly protect the environment and those that increase the difficuly of disciplining an employee who happens to be of a protected class.

2. Reduce or eliminate the corporate income tax. It makes no sense to tax corporate income twice, once at the corporate level and once at the dividend level.

3. Strictly enforce the ban on hiring illegals and forbid the participation of illegals in safety net programs.

4. Disincentivise idleness by reducing the level of support the unemployed receive - someone is going to have to do the jobs previously performed by the departed illegals.

If taken, these four steps would dramatically reduce the unemployment rate and improve all of our fortunes, monetary and otherwise.

19 posted on 07/05/2011 10:58:00 AM PDT by p. henry
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To: El Cid
Although it hardly addresses the bigger problem of an out of control government that has grown into such a behemoth that it consumes and enslaves taxpayers in its wake --- a large degree of this problem would be alleviated by not providing jobs and taxpayer funded benefits to illegal invaders/squatters.

There was an astonishing fact posted on another thread about California recently. The State Budget was something like $26B in the hole, and they estimated that paying for illegals was costing about $23B. Even with the obvious answer staring them in the face, California's "leaders" won't do the right thing.

20 posted on 07/05/2011 10:59:56 AM PDT by Disambiguator
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